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there is a slight chance of rain and of course, much needed for snil a severe rainfall deficit. >> spencer, thank you very much. >> and just ahead, lacing up a woman finds herself a celebrity after putting on running shoes. plus... >> it's sort of like body by siri. technology bringing the benefits of a personal trainer in a small, wearable device. that is at 6:00 >> and going to break, polar bears welcome google maps is now available in the arctic. back in a moment. hales corners, wisconsin. nice pass by alyson dudek. can she hang on to that spot? and she does! [ male announcer ] with the u-verse wireless receiver, your tv goes where you take it, allowing inspiration to follow. ♪ [ dad ] looks pretty good, right? [ girl ] yeah. [ male announcer ] switch to u-verse and add a wireless receiver today. ♪ nnie-o walwhere every thursde ia switch to u-verse and add a wireless receiver today. where every thursday people ride 10 miles for tacos. we thought wsurprise them with a better kind of taco made with jennie-o ground turkey cooked thoroughly to 165. i feed my kids turkey tacos over regular taco
. in a statement he pointed to recent success including turning the state deficit woo into a surplus. two republicans are also running. one is the new face of the republican party and describes himself as a social libertarian. the tea party favorite. you can read the full text of the re-election statement by clicking on the hot topics section on our website. >>> we're closer to the to. it'll raise by $1 followed by another dollar increase over the next two years for $8 by 2018. the full board is scheduled to vote tomorrow. san francisco mayor says google has -- youth program over the next two years. google's donation is a great first step to partnering in the affordable crisis. >> google said to us no strings. we think we should be and can be even better corporate citizens. >> google has been the target of protests over its commuter buses which use city bus stops. google and other tech companies are accused of the contributing to the cost of living. they're buying properties and displacing low-income families. barbara boxer is causing for an investigation into a rare polio like dz that's
we'll be contemplating that as we look at expenditure changes and closing the deficit as well as putting more muni service on the streets. our two big things within muni. we have similar issues throughout the rest of the agency the controllers do audit of a number of years ago identified inadequate staffing and the signage and some of the other assets and starting making progress there we need more progress we're under budgeting the enforcement overtime. that he there are many other communications that span out that's a big opportunity we've not adequately resources in the past we'd like in this budget to make progress on. we're here a lot today about the revenue side and things were there might be reductions and wanted to make sure that we kept in mind also the expenditure needs or wants that we want to contemplate to advance our strategic goals particularly the two transit goal. that's what's on the table in summary form for the operating budget now a quick walk through the capital budget and a. on the capital budget i'm going to focus on two slides slide 21 the overall numb
has pron he took a deficit nowt i a surplus, rating agents have given us better marks. i tnk he is making progress in terms of environment and other issu. i question whether we need to devide the state to 6 pieces, but even if weid. the u.s. senate would have to apove the admission of 10 new senators. in to their body, diluting their power. why does senator fro nevada or alabama or ohio want to giv california 10 more senators? neil: his logic does make sense, at leastase level, thats that it is a very big state. unwieldy state,n so far as interests and you know even physical concts are very desperate throughout the state, i don't know that means you have to have 6 different states, butt makes it disfunctional. what do you make of that argument and why the 6 pieces? >>'t know why the 6 pieces we have n and south carolina, and north and south dakota, two states is possie, that was tried 1 in late 1850s, but. there is no way on earth that the u.s.ongress is going to dilute itsower and give more power to california. as you know they hate athing big, wre the bigge state, we tend to
the deficit sharply. that will end the corrupt subsidies to the coal and gas sector. >> where does this leave the eu? this is a country that if it were to become part of the eu would be bringing on a whole a lot of problems. it is effectively another grease type situation in terms of being in debt. eu'soes that leave the feeling toward ukraine knowing if they were to welcome them in, they would be taking on most -- a host of economic problems. ? one of the wings to bear in mind -- one of the things to bear in mind is that the ukraine is split between the east and west. many people in the west are pro-europe and those in the east are more pro-russia. i think we will have to wait to see what happens with the new government and whether they can forge a national unity before we can start talking about what this will mean for europe. >> thank you very much for joining us and we will continue checking in throughout the day. x and the senior fellow at the peterson institute in washington, d.c. you are looking at a live shot of the deposed ukrainian vichdent victor yanuoklo holding a press conference
: this morning with the looming deficit of $142 million, golden gate bridge directors weighed the first toll hike since 2008. on the table, a plan to raise tolls a buck. fast track would rise to $6, non-fast track to $7 and would raise to a peak of $7 for fast track, $8 for non-fast track in 2018. >> we reached the point the driver as the cash cow has reached the level of it has no more left. >> reporter: this morning a steady stream of drivers spoke out against the increase, some breaking into song. ♪ i got ripped off on my way to san francisco ♪ >> reporter: officials say the increase is needed to pay for projects and maintenance as well as subsidize the district's bus and ferry service. >> the tolls are the workhorse of the organization. they do keep 25% of traffic off the golden gate bridge during the morning commute. >> go back east and the washington bridge, $13 each way. people seem to be able to handle that. >> reporter: some like susan think the toll hike will keep plenty of drivers off the bridge. >> the impact is so people will go into the city less. they won't go in marin county.
the deficit. most important of all, it is about energy independence for our country. it is about working with canada and producing energy in this country so that we get our energy here locally rather than having to get it from the middle east. that is what americans want. they want us to be energy secure in this country. to do that, we need to produce more energy like we are doing in my state of north dakota and montana across the border. movepipeline would mode -- that loyal as well as canadian oil. it is about producing oil here, or getting it from our closest friend and neighbor, canada, rather than being dependent on the middle east. classification you to have to wait on a pipeline, how safe israel transportation of these products versus pipeline transportation? is it.that we are becoming more energy secure. it is great. it is jobs and what people want. to go with that energy, we need infrastructure. that infrastructure includes pipelines as well as moving products safely by train or truck. the keystone xl will take 500 trucks a day off rose in western north dakota. it is a safety is
that is buried and driving me crazy which is the decline in the deficit. nobody wants to hear anything about it, because it went from the trillions and you know the president could say we have cut spending here, and maybe because of the gridlock, but there is not a lot of supply of bonds. how about saying that. >> well, there is a decline in the deficit, but i don't know how much of that s is due to th proceeds of fannie mae and freddie mac. >> and the fdic had a good trade in there. good trading by them. >> and we have not talked about it often enough, but we have talked about the lawsuit initiate initiated by perry and berkowitz and ackman owning the common which is up sharply, but they are way past paying them back. and the president -- >> and the president has said that the common -- >> and the third amendment is all in place meaning that all of the profits are e sweeping to the government helping the e deficit. >> it is a windfall due to the rising pricing in housing, but the president said that the common should go to the treasury and he made that statement, and the fdic knew that the pre
term on trying to boost job growth. over the ten-year window you will see steadily declining deficits. at the end the period i think you'll see a declining debt-to-gdp ratio. that's the right trajectory. >> yesterday we had warren buffett on the program. he said he thinks the proposal would be to boost the earned income tax credit even more, expand that in a bigger way. that's a way to boost wages for people that are working without looking at job losses by raising the minimum wage. how about offering it to a wider variety of people and taking the minimum wage proposal off the table? >> these things are not mutually exclusive. there's no reason you can't work at both ends here. >> is it something you would offer if you did a broad -- not what you're talking about right now, but boosting the income tax credit in a big way, offering it across the aisle as a way of finding compromise, in instead of looking at one from another. i think that would be something republicans would take on heartily. >> we're willing to consider any ideas republicans put on the table. the president is putting t
loss since the bailout in 2008. 15 billion-dollar deficit for last year. he calls rbs the industry's least trusted leader, does the ceo. >> the bank. the largest bailout in europe. still owns the vast majority of the bank and is still pulling the strings. >> by the way, wire pros playing in the olympics? >> that is what the nhl is asking -- the players love it. >> the players love it and flagwavers love it, i am not fair -- sure it is fair to college athletes. >> we need to go to the ukraine. we spoke with the new leadership to read good morning. >> good morning. his name is arseniy yatsenyuk, the prime minister designate. inis about it -- to be voted as the interim prime minister of the country for the next few months. parliament is still chewing over this decision. >> how front and center is crimea to the management in kiev? >> very front and center. i was standing in the parliament here in kiev. meanwhile, in the crimea, the parliament had just been seized by a group of about 100 gunmen. i asked the prime minister about that and he said it is the first crisis he has to deal with
the days of roman empire. its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year suspended prison sentence and will mead to pay $5 million in fines. >>> do you ever have too much money? i don't think so. don king doesn't. we'll ask him during the break. we'll be right back. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new yk state. move here. expand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find o
it was not a contributor to overall debt deficit. so i wanted to look at both access and containment. and he said i did it because he worried if he didn't do it then, there would never be no chance to do it. >> i think that's right. that has to do a lot with the book i'm writing about that so i looked at that pretty carefully. what i don't think he was able to do, and i use the term able very carefully because the political climate of getting even this bill passed was so tough. he had no extra votes. was to do much about containing costs. so the good news is that many of the thousands of people who wrote to me after the first article about horror stories being forced into bankruptcy or moving their loved ones because they couldn't afford healthcare. a lot of that has been fixed. >> rose: in terms of trying to get different ends meet and getting it through congress, on balance did they choose the right program. did they essentially put together what was necessarily for political consensus and get it through the congress. there were rnlt a lot of republican votes. >> i think they could have done it di
to go into deficit as well. russia is ofat to course oil prices. the government spends about 25% of gdp and to keep the budget in balance, capital economics needs 100 $10rice of about per barrel. they are able to get that just barely but as american fracking increases the amount of supply in the world, their chances of getting that are going down. a rush road ahead -- rough road at thisr the economy point. >> if it is such a rough road and all the weakness, why is he risking this? pretend to want to tell you what he is thinking, but maybe it is short-term here. compared to where the u.s. is. russia has a large amount of foreign exchange reserves. they can pay their bills for now even as the current account goes negative. resident who may be gambling if this lasts a short time, they could get in and get out without any further consequences, it is worth the risk. >> thank you. mike mckee. ofturn to another region uncertainty. president obama met with netanyahu at the white house yesterday. closelyries that work in the past and he looks cooked -- looks forward to working with the president
has about a $20 billion deficit in energy. most of that comes from russia. one of the main aims -- >> does ukraine have its own domestic sources of energy? >> not much. >> it could. it?x'eeds to be developed. >> i just read a story where that gas company is going to be pulling back, part of their effort to diversify. they tried to do that. one of the aims of western reform will be to get rid of the domestic fuel subsidies, bring it up to a more western level. what does that mean? it means helping pay the bills of average ukrainians. that bill is from russia. if it's rubles or -- no matter how many consonants are in the currency it's still fungible. >> they are in arears by more than $1.5 billion. that first payment goes directly to gas. >> let's talk about another couple stories on your beats. first with you and china, and you maintain that possibly, possibly china is facing a bear stearns kind of moment. >> the first corporate bond defaults in chinese modern history. remember, they didn't issue corporate bonds for a long time because they were communist. there were no corporate
deficit issues. the need for sustainable fiscal path through the country to focus to the maximum extent possible on fiscal changes that would address the longer run issues that will be associated ratio rising debt to gdp over decades and to try to avoid doing harm to the recovery. i would take the same general position. a in the short run, there is value of additional physical stimulation in the economy that will complement what you are already doing and make it easier to withdraw the quantitative easing. is that a fair comment? >> i do think the economy is beginning to recover and we have made progress. minimum i would hope that fiscal policy would do no harm. >> one quick question. you and your predecessors have looked at the unemployment rate of 6.5% as a point of inflection if you will. one of the aspects of the labort situation is that participation is falling. that 6.5% might not actually capture the reality of the current economy. to be an adequate measure of undertakeeds to do to monetary easing. are you looking at other ways or looking beyond this unemployment rate to gauge you
would happen with the $17 trillion deficit? stuart: we have asked you this before. what are we going to do? you told us you are out there, we want to bring people together. not looking for a radical opposite to what is going on. you want to bring people together to find solutions and i know you have been out there looking. do you think it is possible to establish a consensus? is it possible to bring people together over a course of action that will take us in a different direction in the future? >> it is very possible. we need to start talking. never have a conversation with your adversary because that humanizes them and your job is to demonize the. we see a lot of that going on. that is not what we want. in the pre revolutionary days of america people need to get together with their friends and family and talk about what kind of america do you want to have? talk about who your representatives are and how did they vote. not how they said they voted but how did they vote. you need to know that because you need to talk to your 87-year-old and who hasn't voted in 20 years who may be an
projected deficit. in the san francisco from clifford kron 4 news. >> coming up on kron4 news week and a clear picture of the toxic myths that led to some of the death of actor philip seymour hoffman, coming up next. and here's a look at storm tracker 4 as we had to break. we'll be right back. back on kron4 news a week and the medical examiner's report on actor philip seymour hoffman is then in his death appears to be accidental. the report found a mixture of drugs and hofmann's system including heroin in seven main at and cocaine. the body of the oscar award winning actor was found in his apartment back in february 2nd. three people facing drug charges connecting to his death. >> steven colbert says he has nothing to hide. that's why he gave a keynote speech at the rsa computer security conference yesterday. there uc the comedian appearing at a congressional hearing in 2010. not everyone was happy with his decision to attend the events. privacy activists had tried to convince colbert to not appear at the conference. for his part colbert said " i don't necessarily want people readi
't have enough import to fund our consumption or enough saving to support our deficit. what are we going to do if china changes and we don't. >> but i gather that you think they're on the ascendency and we are clearly on the decline. that is the -- i will say, that was my takeaway. >> they are rebalancing their model to keep the growth and development story going and that will certainly take them to a larger scale of their economy than ours, at some point in the next five to ten years. >> gdp. >> their per capta gdp, joe, is going to be increasing, but at a much slower pace. for a long time. >> multiplied out and that's why it's bigger. >> for a long time. are we on the decline? that's the big debate in america. we continue to undersave, underinvest in people, infrastructure, and capacity. and if we don't get that together, then their ascendency will coincide with our decline. >> we've had periods like this before. >> yeah. >> i mean, you're optimistic we get it together or do you think we're the roman empire? >> no, look, i hope we get it together. what i don't see is a debate on the st
that the deficit is going down. who wouldn't hope for that? we hope for it. it's working. but any time you look at what they're doing, it's all short term. the stuff that's going to eat our lunch is 10,000 people a day turning 65. you've got a system that was set up of social security that you won't even address the insolvency of it for 75 years. health care is on automatic pilot. forget what you call it. it's time to deal with the long-term stuff before interest goes from where it is now to back to historical heights and then watch people grab their socks and run for blocks. >> is there anything you think can be done considering that it probably won't be implemented until after the november 2014 midterms? >> anything that will be done will be done down the road. that's what's wrong with the health care plan. whatever it is is all the correction process is down the road, way ahead. and it's like a dock fix. you're going to do another dock fix and they will run in. you're going to do anything. whatever you do, whether it's tort reform or real estate or whatever is done, the groups will organize
talk about deficits and debt. we could talk about data. but in the end, treasuries really when it gets nasty, when that tina the only -- that there is no alternative to stocks, that changes rather abruptly when stocks go down. and then tina becomes there is no alternative to being long treasuries. we want to keep cognizant of that. to the end the japanese are doing everything in their power to keep the yen weak, let's look at how all that stimulus and various ways they're trying to goose their economy have panned out. one way they've made good strides on. currently the latest reads is 3.7. now, that is the basic lowest rates since july of '07. during that interim period between '07 and now the high was 5.5. the message to this is is that the japanese may have issues for the last 25 years. but huge high unemployment certainly does not seem to be one of them but they made some inroads. base wage, recent data. this is important. base wages were only up 1/10 year over year. one of the things they're trying to do is goose inflation. if you adjust the wages for inflatio
about each other. that is what we have to get through here. thread forneedles to the trusted deficits. president obama has demonstrated an want to be a partner for peace. he is committed to trying to end the conflict and all of his claims. that? can do let's be candid. some of you doubt it. as it israelis security officials will a test, -- abbas has been against the violence. many hours spent with president abbas. i believe he clearly understands both the tremendous benefit of peace and the great costs of failure. he understands that in terms of his own people, his own grandchildren, the country he hopes to be able to lead, and in terms of the history that be leakers -- beleaguers all. he know the people what never have the self-determination without ending the conflict in a solution that delivers two states for two peoples. and so this prime minister when he looks me in the eye and said i cannot accept a deal with the palestinians that does not make the people of israel safer. we agree 100%. [applause] but i argue, there is a distinction between a unilateral withdrawal from lebanon w
Search Results 0 to 23 of about 24 (some duplicates have been removed)